GE Aerospace (GE) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Jul 16, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the GE SEC filings page.
GE Aerospace (GE) reported $50.6B in revenue over the twelve months to Jun 30, 2026, up 21.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
GE Aerospace’s 2025 cash conversion strengthened, yet buybacks and rising leverage show shareholder returns are funded alongside reinvestment.
Operating cash flow reached$8.5B against net income of$8.7B , indicating that reported earnings were largely becoming cash rather than remaining accounting-only results. Free cash flow rose from$3.7B to$7.3B across the latest two years, showing a sharper cash improvement than the income statement alone conveys.
Net margin improved from
Short-term liquidity narrowed as the current ratio fell to 1.0 while debt-to-equity reached 1.0, leaving less current-asset cushion relative to obligations and more debt relative to book equity. Buybacks of
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of GE Aerospace's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for GE Aerospace, and counted as zero in the overall score.
GE Aerospace's revenue surged 18.5% year-over-year to $45.9B, reflecting rapid business expansion. This strong growth earns a score of 73/100.
GE Aerospace has a moderate D/E ratio of 1.01. This balance of debt and equity financing earns a leverage score of 47/100.
GE Aerospace's current ratio of 1.04 is below the typical benchmark, resulting in a score of 20/100. This tight liquidity could limit financial flexibility if cash inflows slow.
GE Aerospace converts 15.8% of revenue into free cash flow ($7.3B). This strong cash generation earns a score of 74/100.
Not available for GE Aerospace, and counted as zero in the overall score.
GE Aerospace passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, GE Aerospace generates $0.98 in operating cash flow ($8.5B OCF vs $8.7B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
GE Aerospace generated $13.3B in revenue in Q2 2026. This represents an increase of 21.1% from the same quarter a year earlier. Against the prior quarter it is up 7.7%.
GE Aerospace reported $2.4B in net income in Q2 2026. This represents an increase of 16.9% from the same quarter a year earlier. Against the prior quarter it is up 24.5%.
GE Aerospace earned $2.26 per diluted share (EPS) in Q2 2026. This represents an increase of 19.6% from the same quarter a year earlier. Against the prior quarter it is up 24.9%.
Not reported for Q2 2026.
Cash & Balance Sheet
GE Aerospace generated $2.9B in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 49.0% from the same quarter a year earlier. Against the prior quarter it is up 91.7%.
GE Aerospace held $9.3B in cash against $17.2B in long-term debt as of Q2 2026.
GE Aerospace paid $0.47 per share in dividends in Q2 2026. This represents an increase of 30.6% from the same quarter a year earlier. It is unchanged from the prior quarter.
Margins & Returns
GE Aerospace's net profit margin was 17.8% in Q2 2026, showing the share of revenue converted to profit. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.4 percentage points.
GE Aerospace's ROE was 13.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.9 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
GE Aerospace invested $460.0M in research and development in Q2 2026. This represents an increase of 28.1% from the same quarter a year earlier. Against the prior quarter it is up 4.5%.
GE Aerospace spent $2.1B on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 21.9% from the same quarter a year earlier. Against the prior quarter it is down 11.3%.
GE Aerospace invested $335.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 2.4% from the same quarter a year earlier. Against the prior quarter it is up 1.2%.
GE Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.3B+21.1% | $12.4B+24.7% | $12.7B+17.6% | $12.2B+23.8% | $11.0B+21.2% | $9.9B+10.9% | $10.8B+14.3% | $9.8B+5.8% |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | $6.8B+8.1% | $6.2B+3.9% |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | $4.1B+26.6% | $3.6B+9.2% |
| R&D Expenses | $460.0M+28.1% | $440.0M+22.6% | $447.0M | $415.0M+25.4% | $359.0M+19.7% | $359.0M+33.0% | N/A | $331.0M+34.0% |
| SG&A Expenses | $1.1B+10.9% | $1.1B+23.7% | $997.0M | $1.2B-10.2% | $1.0B+10.4% | $876.0M-14.6% | N/A | $1.3B+32.9% |
| Income Tax | $407.0M+4.9% | $252.0M-11.0% | $390.0M | $344.0M+73.7% | $388.0M+210.4% | $283.0M+16.0% | N/A | $198.0M+661.5% |
| Net Income | $2.4B+16.9% | $1.9B-3.7% | $2.5B+33.8% | $2.2B+16.5% | $2.0B+60.2% | $2.0B+28.5% | $1.9B+19.5% | $1.9B+426.1% |
| EPS (Basic) | $2.28+19.4% | $1.82-1.6% | $2.41+36.9% | $2.04+19.3% | $1.91+64.7% | $1.85+31.2% | $1.76+20.5% | $1.71+612.5% |
| EPS (Diluted) | $2.26+19.6% | $1.81-1.1% | $2.39+36.6% | $2.02+18.8% | $1.89+64.3% | $1.83+30.7% | $1.75+21.5% | $1.70+608.3% |
| Diluted Shares (Avg) | 1.05B-2.2% | 1.05B-2.2% | N/A | 1.06B-2.6% | 1.07B-2.6% | 1.08B-2.3% | N/A | 1.09B-0.5% |
Not reported in any period shown, so not listed: Operating Income, EBITDA, Interest Expense.
GE Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $127.7B+1.9% | $128.4B+3.5% | $130.2B+5.7% | $128.2B+1.2% | $125.3B+1.7% | $124.1B-24.3% | $123.1B-28.9% | $126.7B-19.1% |
| Current Assets | $39.7B+5.0% | $40.4B+7.4% | $40.6B+7.9% | $40.1B+3.7% | $37.8B+1.2% | $37.6B-36.9% | $37.6B-11.6% | $38.6B-31.5% |
| Cash & Equivalents | $9.3B-14.0% | $11.0B-11.5% | $12.4B-9.0% | $12.5B-8.9% | $10.9B-10.3% | $12.4B-32.8% | $13.6B-10.4% | $13.7B+4.5% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $12.4B+10.1% | $12.4B+17.7% | $11.9B+21.6% | $11.7B+20.1% | $11.3B+19.3% | $10.5B-40.3% | $9.8B+17.9% | $9.7B-42.9% |
| Long-Term Investments | $37.9B+0.1% | $38.2B+0.5% | $38.8B+2.8% | $38.2B-3.4% | $37.9B-0.6% | $38.0B-1.8% | $37.7B-0.7% | $39.5B+11.2% |
| Goodwill | $9.0B-0.6% | $9.0B+3.5% | $9.1B+6.1% | $9.0B+3.3% | $9.0B+1.7% | $8.7B-34.6% | $8.5B-4.6% | $8.8B-33.6% |
| Total Liabilities | $109.8B+3.7% | $110.1B+5.2% | $111.3B+7.4% | $109.2B+1.5% | $105.9B+1.5% | $104.7B-21.2% | $103.6B-28.4% | $107.6B-15.2% |
| Current Liabilities | $40.4B+10.9% | $40.0B+14.6% | $39.0B+13.3% | $37.2B+9.1% | $36.5B+11.3% | $34.9B-31.6% | $34.4B+7.1% | $34.1B-29.2% |
| Non-Current Liabilities | $69.4B-0.1% | $70.1B+0.6% | $72.3B+4.5% | $72.0B-2.0% | $69.4B-3.0% | $69.7B-14.7% | $69.2B-38.6% | $73.5B-6.6% |
| Long-Term Debt | $17.2B+0.9% | $18.2B+3.9% | $18.8B+9.1% | $18.8B+2.9% | $17.0B-5.4% | $17.5B-10.3% | $17.2B-11.2% | $18.2B-6.4% |
| Total Equity | $17.6B-7.8% | $18.1B-6.2% | $18.7B-3.4% | $18.8B-0.3% | $19.1B+2.9% | $19.3B-35.5% | $19.3B-29.4% | $18.9B-34.2% |
| Retained Earnings | $91.0B+8.6% | $89.1B+8.5% | $87.7B+8.9% | $85.5B+8.4% | $83.7B+8.2% | $82.1B-6.8% | $80.5B-7.0% | $78.9B-7.2% |
Not reported in any period shown, so not listed: Accounts Receivable.
GE Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.2B+42.3% | $1.8B+20.8% | $2.3B+75.9% | $2.5B+65.8% | $2.2B+146.5% | $1.5B+51.8% | $1.3B-58.7% | $1.5B-17.3% |
| Depreciation & Amortization | $224.0M+2.3% | $227.0M+8.1% | $220.0M+5.3% | $214.0M-4.5% | $219.0M+10.1% | $210.0M+4.0% | $209.0M+2.0% | $224.0M+13.1% |
| Capital Expenditures | $335.0M+2.4% | $331.0M+59.1% | $431.0M+61.4% | $307.0M+15.4% | $327.0M+10.8% | $208.0M+2.0% | $267.0M+6.8% | $266.0M+19.8% |
| Free Cash Flow | $2.9B+49.0% | $1.5B+14.7% | $1.9B+79.6% | $2.2B+76.7% | $1.9B+211.5% | $1.3B+64.7% | $1.0B-64.4% | $1.2B-22.4% |
| Investing Cash Flow | -$1.1B-97.0% | -$919.0M-189.9% | $305.0M-5.0% | -$606.0M-140.6% | -$535.0M+87.5% | -$317.0M-139.3% | $321.0M-80.9% | $1.5B-39.2% |
| Financing Cash Flow | -$3.6B-11.1% | -$2.8B-23.9% | -$2.8B-29.9% | -$366.0M+74.9% | -$3.2B-11.0% | -$2.3B-1019.6% | -$2.2B-450.6% | -$1.5B+61.8% |
| Share Buybacks | $2.1B+21.9% | $2.4B+22.1% | $2.0B+19.7% | $1.8B+20.1% | $1.7B-24.2% | $2.0B+510.2% | $1.7B+479.2% | $1.5B+390.7% |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.
GE Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | 37.5%+3.6pp | 36.7%+1.2pp |
| Net Margin | 17.8%-0.7pp | 15.4%-4.6pp | 20.0%+2.4pp | 17.7%-1.1pp | 18.4%+4.5pp | 19.9%+2.7pp | 17.6%+0.8pp | 18.8%+15.0pp |
| Return on Equity | 13.4%+2.8pp | 10.5%+0.3pp | 13.6%+3.8pp | 11.5%+1.7pp | 10.6%+3.8pp | 10.3%+5.1pp | 9.8%+4.0pp | 9.8%+8.6pp |
| Return on Assets | 1.9%+0.2pp | 1.5%-0.1pp | 1.9%+0.4pp | 1.7%+0.2pp | 1.6%+0.6pp | 1.6%+0.7pp | 1.5%+0.6pp | 1.5%+1.2pp |
| Current Ratio | 0.98-0.1x | 1.01-0.1x | 1.04-0.1x | 1.08-0.1x | 1.04-0.1x | 1.08-0.1x | 1.09-0.2x | 1.130.0x |
| Debt-to-Equity | 0.97+0.1x | 1.01+0.1x | 1.01+0.1x | 1.000.0x | 0.89-0.1x | 0.91+0.3x | 0.89+0.2x | 0.97+0.3x |
| Asset Turnover | 0.100.0x | 0.100.0x | 0.100.0x | 0.100.0x | 0.090.0x | 0.080.0x | 0.090.0x | 0.080.0x |
| FCF Margin | 21.4%+4.0pp | 12.0%-1.1pp | 14.5%+5.0pp | 18.0%+5.4pp | 17.4%+10.6pp | 13.1%+4.3pp | 9.5%-21.0pp | 12.6%-4.6pp |
Not reported in any period shown, so not listed: Operating Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| GE Aerospace GE | FY2025 | $45.9B | $8.7B | 19.0% | $323.7B | 36/100 |
| RTX Corporation RTX | FY2025 | $88.6B | $6.7B | 7.6% | $252.0B | 51/100 |
| Axon Enterprise, Inc. AXON | FY2025 | $2.8B | $124.7M | 4.5% | $33.9B | 46/100 |
| Woodward, Inc. WWD | FY2025 | $3.6B | $442.1M | 12.4% | $19.7B | 45/100 |
| Huntington Ingalls Industries, Inc. HII | FY2025 | $12.5B | $605.0M | 4.9% | $10.5B | 46/100 |
| Boeing Company BA | FY2025 | $89.5B | $2.2B | 2.5% | $149.2B | 27/100 |
Where GE Aerospace Ranks
Frequently Asked Questions
What is GE Aerospace's annual revenue?
GE Aerospace (GE) reported $45.9B in total revenue for fiscal year 2025. This represents a 18.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is GE Aerospace's revenue growing?
GE Aerospace (GE) revenue grew by 18.5% year-over-year, from $38.7B to $45.9B in fiscal year 2025.
Is GE Aerospace profitable?
Yes, GE Aerospace (GE) reported a net income of $8.7B in fiscal year 2025, with a net profit margin of 19.0%.
How much debt does GE Aerospace have?
As of fiscal year 2025, GE Aerospace (GE) had $12.4B in cash and equivalents against $18.8B in long-term debt.
What is GE Aerospace's net profit margin?
GE Aerospace (GE) had a net profit margin of 19.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does GE Aerospace pay dividends?
Yes, GE Aerospace (GE) paid $1.44 per share in dividends during fiscal year 2025.
What is GE Aerospace's return on equity (ROE)?
GE Aerospace (GE) has a return on equity of 46.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is GE Aerospace's free cash flow?
GE Aerospace (GE) generated $7.3B in free cash flow during fiscal year 2025. This represents a 97.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is GE Aerospace's operating cash flow?
GE Aerospace (GE) generated $8.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are GE Aerospace's total assets?
GE Aerospace (GE) had $130.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are GE Aerospace's capital expenditures?
GE Aerospace (GE) invested $1.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does GE Aerospace spend on research and development?
GE Aerospace (GE) invested $1.6B in research and development during fiscal year 2025.
What is GE Aerospace's current ratio?
GE Aerospace (GE) had a current ratio of 1.04 as of fiscal year 2025, which is considered adequate.
What is GE Aerospace's debt-to-equity ratio?
GE Aerospace (GE) had a debt-to-equity ratio of 1.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is GE Aerospace's return on assets (ROA)?
GE Aerospace (GE) had a return on assets of 6.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is GE Aerospace's P/E ratio?
GE Aerospace (GE) trades at 36.1x earnings, its market capitalization divided by net income of $9.0B net income, trailing 12 months to June 30, 2026. The market capitalization is $323.7B as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GE Aerospace's price-to-sales ratio?
GE Aerospace (GE) trades at 6.4x sales, its market capitalization divided by revenue of $50.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $323.7B as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is GE Aerospace's Piotroski F-Score?
GE Aerospace (GE) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are GE Aerospace's earnings high quality?
GE Aerospace (GE) has an earnings quality ratio of 0.98x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is GE Aerospace?
GE Aerospace (GE) scores 36 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.